10 days 10 reasons: Reason # 1 to vote Bush out of office...
Some of the most egregious examples of Bush’s corporate collusion are with Bush’s environmental initiatives. Enron is among Bush’s all time top corporate sponsors, Bush’s nickname for Kenneth Lay was Kenny Boy. The Texans for Public Justice have more:
The self-inflicted 2001 implosion of Ken Lay’s fraudulent paper tiger, Enron Corp., kicked off an extraordinary season of corporate scandals featuring a dizzying number of Bush Pioneers…who still walk the streets. The $550,025 that Ken Lay’s Enron Corp. gave Bush by mid 1999 made it his No. 1 career patron, according to the Center for Public Integrity. Lay, whom George W. Bush affectionately called “Kenny Boy,” became a master electrical power broker by mastering political power trading. “Virtually every … aspect of Enron’s operations is overseen by the federal government,” the Dallas Morning News noted in 1996. Enron even had software, dubbed “the matrix,” that estimated how much a particular regulatory change would cost. A tax dodger that received more than $1 billion in taxpayer subsidies, Enron was a huge political donor that kept a stable of ex-government officials on retainer (see Rob Mosbacher and William SchubertD. Stephen Goddard); law firm Vinson & Elkins (see Thomas Marinis); and investment firms too numerous to mention. Several Enron officials have pled guilty or been indicted for accounting fraud and manipulating California’s electricity market but its top officials remain at large. Despite a doctorate in economics, Lay has argued that he did not grasp the complex financial deals that Enron used to book huge profits--and cover up staggering losses. A report by Enron’s bankruptcy court examiner in late 2003 concluded that he and CEO Jeff Skilling “breached their fiduciary duties” because they “knew or should have known” Enron was cooking the books. The report said Lay could owe Enron’s creditors $94 million for repaying company loans with company stock.Enron and Kenny Boy aren’t the only ones that have profited enormously because they colluded with the Bush administration. The NRDC has more (and there is plenty more where these came from):
Polluter support for Bush paying off bigMay 03, 2004: A new report sheds light on how corporate contributions to the Bush administration are paying off big for polluters. Since 1999, 30 power companies that own the nation's dirtiest power plants have raised $6.6 million for President Bush and the Republican National Committee, according to an analysis by Public Citizen. Executives at 10 of these utilities raised at least $100,000 or $200,000 each, earning them the honor of being named to the president's list of "pioneers" or "rangers," respectively. These top fundraisers for the president include executives at FirstEnergy Corp. ($865,877), Southern Co. ($807,062), TXU ($754,898), Dominion ($679,105), Centerpoint (formerly Reliant) Energy ($539,900), Cinergy Corp ($431,722), Exelon ($404,856), Edison Electric Institute ($348,750), Dynergy Inc. ($311,382) and Edison International ($192,291). Collectively, these top 10 industry fundraisers have raised $1.5 million over the last 5 years. Public Citizen's report draws a connection between this corporate gift-giving and political paybacks in the form of the administration's weakening changes to the Clean Air Act that benefit the utility industry."One of the Bush administration's biggest, most damaging environmental policy changes to date would weaken the Clean Air Act to allow power plants to emit more smokestack pollution," said John Walke, director of NRDC's clean air program.As I have mentioned in the past and I am continuing to hammer home, the war in Iraq was certainly not about WMDs or spreading democracy (don’t forget, both WMDs have not been found and democracy seems more and more unlikely every day). As Naomi Klein argues so strongly in her article Baghdad Year Zero, the war in Iraq was about creating a corporate utopia like the world has never seen. Iraq is not about protecting or freeing people, it is about crushing crony capitalism and the free market at any cost.
Corporations shaped Bush energy policy, GAO saysAugust 25, 2003: An investigation by the General Accounting Office has confirmed what environmental groups have long contended: corporations played a significant role in formulating the Bush administration's energy policy. But the full extent of corporate influence is unknown because the White House still refuses to release key records related to the secretive energy policy task force headed by Vice President Dick Cheney. According to the GAO's report, industry lobbyists from oil and gas, electricity, nuclear, coal and chemical companies gave detailed recommendations to the administration's task force while environmentalists and other experts were largely shut out of the process."We don't hate to say we told you so," said NRDC senior attorney Sharon Buccino, "we just hate that the Bush energy plan was crafted by and for polluting energy companies."NRDC won a lawsuit against the Energy Department that forced the disclosure of thousands of previously unreleased documents, many of which revealed the dealings between policymakers and industry. Another lawsuit against the White House is still pending in federal court. Meanwhile, the Sierra Club and Judicial Watch are pressing forward with a separate suit that would force the administration to reveal details of its secret meetings with industry officials. The GAO also filed its own suit to obtain information from the White House about the task force's dealings, but the suit was dismissed in federal court and the agency didn't appeal.
The Medicare deal was wrought with payoffs to big pharma. By limiting the government’s ability to negotiate drug prices the Medicare reform bill has guaranteed a windfall in profits for the drug companies. By preventing those who can’t afford to pay the prices in the US from going to Canada (where the government keeps prices low) the government is taking millions of dollars out of the pockets of Americans who need it the most and giving it to the mega rich drug companies. By locking people into one of the drug cards for a year while allowing the drug companies to change drugs or drug prices the Medicare bill has limited the rights of people to find the best deal and made it easier on the drug companies.
The President’s new push toward privatized social security (he said that he would work hard to privatize in his 2nd term) amounts to nothing more than big business collusion. Social Security can be solvent with the fiscal responsibility of the Clinton administration. Chile has a privatized Social Security program. The individual accounts cost the Chilean people 15% to 20% in fees. The Social Security Administration in the US actually has a very small overhead; by privatizing Social Security you would ultimately end up costing people who end up having to pay fees to invest their money (which in a privatized system, they would be forced to do). Furthermore, by requiring people to invest in the stock market, the government is essentially giving corporations a massive inflation in their profits. This may seem like a good thing, but when you have millions of workers that are not educated about or not interested in investing, then you will run into the situation where you have companies that are profiting not because they are worthwhile but because they are popular or they are the default. That doesn’t make businesses want to work to earn legitimate investment in their stocks, and it certainly isn’t good for the average American.
Then there is the military industrial complex. It is no secret that Bush is a massive fan of the Star Wars program. It is also not a secret that the Star Wars program is a multi-billion dollar project. It is easy to understand why the Bush administration fought so hard for a Star Wars program despite the fact that our most current and credible threat is not from ICBMs but from terrorists. The US military’s budget is approaching $400 billion dollars and is greater than the total amount spent by the next 20 biggest military spenders. This figure is as of 2002 and does not include discretionary spending for Operation Enduring Freedom or Operation Iraqi Freedom which total anywhere between $120 billion to $200 billion so far. That puts our military spending to more than the total military spending for the rest of the world combined. We are in an arms race with ourselves and the only winners are the mega corporations making the weapon systems.
This President is in the pockets of big business like no other president in history. More importantly, Bush cloaks his actions in a veil of pandering ideology that blinds people to his actions and gets them to support him and vote against their own interest. The time has come to take the action that American’s hold so dearly. If you are reading this in the United States, it is likely November 1st. Consider carefully the facts that I have presented to you, understand that the Bush Administration does not have your best interests in mind and tomorrow, vote wisely. Your vote will help determine the tenor in the United States, the security of the US, the quality of the environment, the standing of the United States in the rest of the world for decades to come, and your children’s and grandchildren’s futures. Change is needed, I urge you to do your part.





























